Startup troubles at the Tuina copper mine in northern Chile, which went into operation in March, have been rectified, International Mahogany (TSE) reports. Direct operating costs at the project, which…
Western markets remained relatively quiet during the holiday-shortened week ended Aug. 4, with the Vancouver Stock Exchange composite index gaining 1.91 points to finish at the 580 level and the resou…
The competitive advantage enjoyed by nickel producers of sulphide deposits has eroded in recent years in favor of laterite operations, and a surge in costs in Canada must take a large part of the blam…
When Price Waterhouse talks mining, people listen. For the past 24 years, the firm has summarized the financial results and economic impacts of British Columbia’s mining industry, and its annual repor…
Shares of White Star Copper Mines (CDN) broke through the $1 mark in active trading on growing speculative interest in the current drilling being carried out by Falconbridge on the company’s small but…
New partners Piedmont Mining (NASDAQ) and Amax Gold (NYSE) recently signed a definitive joint venture agreement for the Haile property near Kershaw, S.C. Amax announced the purchase of a 67.5% interes…
More than US$440,000 has been spent by a unit of Kennecott during the past 18 months on exploration of the lead-zinc-silver Parranda Manto project at Chihuahua, Mex., Kalahari Resources (VSE) reports….
Well known mining engineer Richard (Dick) Murphy, long associated with the Newmont mining organization, has died at the age of 86 following a lengthy illness. A 1927 graduate of Harvard University and…
It was not a great week for the precious metals gold and platinum. The former fell by almost $10 while the latter succumbed to the protests of striking workers in South Africa. Although the gold price…
Week’s Price (US) Change Gold* $352.90 – $5.30 Silver* $ 3.88 – $0.06 Platinum* $377.35 + $3.35 Nickel** $ 3.34 – $0.03 Lead** $ 0.30 + $0.01 Copper $ 1.13 – $0.01 Zinc $ 0.61 $0.00 Courtesy of Scotia…
Drilling is expected to commence on the Woolgar copper property in the Northwest Territories in early August, reports Rhonda Mining (ASE). Noranda (TSE), as owner and operator of the 37,375-acre prope…
Recently cut loose by its parent, RTZ (NYSE) of London, Toronto-based Rio Algom (TSE) realized earnings of $8.2 million in the second quarter compared with $6.4 million for the same period of 1991. Ri…
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